Nepal - Broad money growth (annual %)

The value for Broad money growth (annual %) in Nepal was 22.11 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 38.84 in 2008 and a minimum value of -0.12 in 1970.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1961 22.28
1962 4.06
1963 25.65
1964 24.92
1965 25.51
1966 5.81
1967 8.22
1968 19.35
1969 28.47
1970 -0.12
1971 19.15
1972 16.87
1973 28.13
1974 17.10
1975 12.20
1976 28.46
1977 21.06
1978 19.61
1979 16.06
1980 17.52
1981 19.00
1982 20.96
1983 20.14
1984 13.20
1985 20.40
1986 19.34
1987 22.42
1988 22.18
1989 20.95
1990 18.74
1991 22.72
1992 20.50
1993 25.02
1994 17.98
1995 15.43
1996 12.20
1997 29.54
1998 11.18
1999 21.68
2000 18.85
2001 16.78
2002 2.66
2003 10.22
2004 13.09
2005 9.74
2006 16.99
2007 18.53
2008 38.84
2009 29.62
2010 9.59
2011 18.67
2012 14.86
2013 21.66
2014 16.14
2015 24.44
2016 17.36
2017 11.97
2018 19.76
2019 13.81
2020 22.11

Limitations and Exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries.

Statistical Concept and Methodology: Money and the financial accounts that record the supply of money lie at the heart of a country’s financial system. There are several commonly used definitions of the money supply. The narrowest, M1, encompasses currency held by the public and demand deposits with banks. M2 includes M1 plus time and savings deposits with banks that require prior notice for withdrawal. M3 includes M2 as well as various money market instruments, such as certificates of deposit issued by banks, bank deposits denominated in foreign currency, and deposits with financial institutions other than banks. However defined, money is a liability of the banking system, distinguished from other bank liabilities by the special role it plays as a medium of exchange, a unit of account, and a store of value.

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)